Avishek Das | Lightrocket | Getty ImagesMutual fund giant Franklin Templeton has agreed to buy a small crypto investment firm, 250 Digital, which will join its newly established Franklin Crypto unit, as the firm deepens its digital assets push.By bringing 250 in-house, Franklin Templeton hopes to be able to increase...
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Blue Owl caps private credit funds redemptions at 5% after steep request levels
Blue Owl is experiencing elevated redemption requests for two of its private credit funds, according to letters to shareholders issued Thursday.The firm's flagship OCIC fund, with about $36 billion in assets under management, received redemption requests of about 21.9% of shares outstanding during the first quarter, the firm said. Blue...
Why $4 a gallon gas prices won’t trigger Fed interest rate hikes — and could lead to cuts
Gas prices are displayed at a Mobil gas station on March 30, 2026 in Pasadena, California. Mario Tama | Getty ImagesGasoline prices over $4 a gallon, part of an ongoing supply shock in the energy markets, might seem like a cue for the Federal Reserve to raise interest rates to...
JetBlue Airways raises checked bag fees at least $4 as fuel prices soar
A JetBlue Airways Airbus A321 airplane departs from Los Angeles International Airport en route to New York on Oct. 17, 2025.Kevin Carter | Getty ImagesJetBlue Airways is raising bag fees at least $4 as jet fuel prices soar amid the Iran war.Airfare has climbed for routes around the world since...
Maximize your wealth with these tax strategies
Morsa Images | E+ | Getty ImagesTo maximize wealth, Americans should look beyond smart investments and embrace savvy tax planning.From strategies aimed at reducing taxable income to tax-efficient portfolio moves, there are a host of ways investors can build and protect their capital. However, many people aren't taking advantage of...